Carrier Will Receive $7 Million in Tax Breaks to Keep Jobs in Indiana

Deal emerges after United Tech CEO’s pilgrimage to Trump Tower

As TV crews and reporters camped out in the lobby of Trump Tower on Monday, recording VIP arrivals in hopes of detecting new members of the incoming Donald Trump administration, a middle-aged corporate executive drew little notice.

Greg Hayes, chief executive of United Technologies Corp., wasn’t there to see Mr. Trump. He rode the gold-colored elevators to see Vice President-elect Mike Pence, and the two men then shook hands on a...